20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
The following stocks posted four-day rallies spanning the trading days from November 4 to November 9 and then saw profit taking during Thursday's session:
- Yahoo! Inc. (NASDAQ: YHOO) – Yahoo! shares have surged 24.01 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
- Skyworks Solutions Inc (NASDAQ: SWKS) – Skyworks shares have increased 2.40 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
- Mylan NV (NASDAQ: MYL) – On November 9, Mylan reported weaker-than-expected results for its third quarter.
- Mattel, Inc. (NASDAQ: MAT) – Mattel shares have climbed 33.80 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
- Marriott International Inc (NASDAQ: MAR) – On November 7, Marriott posted upbeat earnings for its third quarter, but issued a weak forecast for the current quarter.
- Finisar Corporation (NASDAQ: FNSR) – Finisar shares have jumped 158.21 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
- DISH Network Corp (NASDAQ: DISH) – On November 9, DISH posted mixed results for the third quarter.
- American Airlines Group Inc (NASDAQ: AAL) – American Airlines shares have dropped 3.39 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
- Box Inc (NYSE: BOX) – Box is expected to report Q3 results on November 30.
- Weyerhaeuser Co (NYSE: WY) – Weyerhaeuser shares have increased 1.02 percent over the past 52 weeks, while the S&P 500 index has gained 5.73 percent in the same period.
If content like this is useful to your trading/investing strategy, please email feedback@benzinga.com with the headline to let us know!*
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!